Whether it's your first investment property or a portfolio, we're here to help

At BetterLend, Luke understands that entering the property market is an exciting yet complex journey, especially when considering investment loans. Our aim is to help clients in Sydney, NSW, and across Australia access investment loan options from a wide range of banks and lenders. Whether you're buying a home for the first time or expanding your investment property portfolio, Luke is here to simplify the process and provide tailored advice to suit your financial situation.

Investment loans are a popular choice for those looking to invest in property. Understanding the various options available is crucial. One essential factor to consider is the interest rate, which can significantly impact your loan repayments. At BetterLend, Luke offers guidance on choosing between a variable interest rate and a fixed interest rate, taking into account your long-term financial goals.

Another important aspect is the loan to value ratio (LVR), which determines how much you can borrow relative to the property's value. A lower LVR can result in more favourable interest rate discounts and reduce the need for lenders mortgage insurance (LMI), saving you money over time. We assist in calculating investment loan repayments and determining your borrowing capacity to ensure you make informed decisions.

Your credit history plays a vital role in the investment loan application process. A strong credit history can enhance your borrowing capacity and improve your chances of securing better terms. We offer personalised advice on improving your credit score and understanding its impact on your investment loan options. Additionally, we provide a streamlined application process to make applying for an investment loan as straightforward as possible.

When purchasing an investment property, it’s crucial to consider additional costs such as stamp duty. These expenses can affect the overall loan amount and should be factored into your financial planning. We help you navigate these considerations, ensuring you are fully prepared for all aspects of buying a home or building an investment property portfolio.

Our expertise extends beyond the basics. We assist with reviewing bank statements and other documentation required for an investment loan application, ensuring nothing is overlooked. Whether you're purchasing your first investment property or adding to an existing portfolio, we tailor our services to meet your unique needs.

BetterLend is committed to helping you access investment loan options that align with your objectives. By offering comprehensive advice and support throughout the application process, we aim to alleviate any uncertainties you might have about entering the property market.

Partnering with BetterLend means receiving expert guidance every step of the way. Luke is dedicated to helping you achieve your property investment goals with confidence. If you're considering an investment loan and want to explore your options further, contact us today. Let BetterLend be your trusted partner in building a successful property investment journey.

The BetterLend Process

Step 1: Initial Meeting

Your property journey begins with an in-depth conversation with your Finance & Mortgage Broker. Whether you’re purchasing your first property, investing in real estate, or looking to refinance, your broker will take time to understand your property goals, financial situation, and any special conditions that may apply. This is when you'll discuss your borrowing capacity and explore loan options from a variety of banks and lenders across Australia. Your broker will also walk you through interest rates, LVR, and any possible LMI that may come into play.

Step 2: Financial Check

The next step involves your broker conducting a thorough evaluation of your financial position. This includes reviewing your income, bank statements, assets, liabilities, credit history, and savings. Your broker will then calculate your borrowing capacity, helping you understand how much you can afford to borrow and how much your monthly repayments might be. Your broker will also assess whether you qualify for any interest rate discounts or government schemes, like first-home buyer grants.

Step 3: Loan Selection

Based on your financial situation, your broker will research and present a list of loan options from a variety of lenders. These loans will be tailored to meet your needs and goals, whether you’re looking for a fixed interest rate loan, variable loan rates, or a more flexible loan that offers an offset account. Your broker will also explain the loan-to-value ratio (LVR) and help you weigh the pros and cons of each loan option, ensuring you’re making an informed decision.

Step 4: Pre-Approval

Getting pre-approved for a loan gives you a clear understanding of your budget and strengthens your negotiating position when bidding for a property. Your broker will help you through this process, ensuring all necessary documents, including tax returns, pay slips, and bank statements, are submitted to the lender. Pre-approval also gives you confidence to act quickly in the local property market and avoid the risk of missing out on your desired property.

Step 5: Application Submission

Once you’ve selected the right loan, your broker will manage the application process for you. They will submit your application to the lender and ensure that all required documents are provided. This may include additional paperwork such as proof of assets, liabilities, and other relevant financial information. Your broker will handle communication with the lender, addressing any questions they may have and ensuring a smooth, streamlined application process.

Step 6: Loan Approval & Settlement

After your loan is approved, your broker will assist in reviewing the final loan agreement, ensuring that all terms, including interest rate, fees, and repayment schedules, are understood. They will also help set up your repayment structure and help arrange any necessary insurance, such as home loan protection. Once settlement is confirmed, your property ownership is officially complete, and you’ll receive access to the property.

Step 7: Ongoing Support

Once your loan is settled, your Finance & Mortgage Broker remains available for ongoing support. This may include advising on managing your loan repayments, exploring the possibility of refinancing, or helping you tap into your home equity for future property purchases. Your broker’s role doesn’t end at settlement—they’ll be there to guide you through the entirety of your property ownership journey.